CIO Business Intelligence

NOVEMBER 17, 2023

Managed service provider business model Managed service providers structure their business to offer technology services cheaper than what it would cost an enterprise to perform the work itself, at a higher level of quality, and with more flexibility and scalability. What is a managed service provider?

Management 129

Management IT IoT Cost-Benefit 129

Ontotext

OCTOBER 11, 2023

SEMANTiCS 2023 kicked off with a Pre-conference day that offered an awesome lineup of business and academia talks. Scalability – a significant cost reduction for
scale-ups. Are LLMs Knowledgeable? Xina Lunda Dong, who had cooked this engaging narrative, led us through Entity-based, text-rich, and dual neural knowledge graphs.

Metadata 69

Metadata Cost-Benefit Marketing Modeling 69

CIO Business Intelligence

JANUARY 30, 2024

Corporate ESG reporting is getting real for companies around the globe. Enacted and proposed regulations in the EU, US, and beyond are deepening reporting requirements in an effort to change business behavior. The foundation for ESG reporting, of course, is data. The foundation for ESG reporting, of course, is data.

Reporting 107

Reporting Data Quality Strategy Data-driven 107

CIO Business Intelligence

MAY 27, 2024

A study by Verizon in their 2023 Data Breach Investigations Report found that 68% of breaches involved a human element, such as social engineering, misuse of privileges, or simple mistakes. The incident cost Maersk over $300 million in losses. But it isn’t a question of ”if” an organization will be targeted, but “when.”

Cost-Benefit 95

Cost-Benefit Statistics ROI Measurement 95

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. back for every $1 invested in AI.

IT 129

IT Risk Cost-Benefit Enterprise 129

CIO Business Intelligence

SEPTEMBER 13, 2023

Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks. Failing to tie innovation to business value If innovation is happening on the company’s dime, company heads want to know how it could benefit them.

IT 135

IT Digital Transformation Risk Cost-Benefit 135

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

Cost-Benefit 142

Cost-Benefit Metrics Insurance Measurement 142

CIO Business Intelligence

DECEMBER 8, 2023

According to the report: “Our qualitative interviews indicated many companies are looking to recycle devices at the end of their lifecycles if they don’t already, and they are open to reducing the time it takes to refresh if it reduces cost over time.” Furthermore, 49% believe outdated hardware hinders employee productivity.

Strategy 87

Strategy IT Cost-Benefit Reporting 87

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports.

IT 135

IT Consulting Scorecard Key Performance Indicator 135

CIO Business Intelligence

NOVEMBER 3, 2023

The 2023 IT salary report from Robert Half reinforces these findings. Burnout is quickly becoming a widespread problem for IT organizations. For IT leaders aware of the impact burnout can have on their staff , the reality of IT exhaustion is complicated further by the fact that burnout isn’t caused by just one thing.

IT 131

IT Reporting Uncertainty Cost-Benefit 131

CIO Business Intelligence

NOVEMBER 8, 2023

in September, 2023, the price pressures facing IT have persisted. in September, 2023, the price pressures facing IT have persisted. The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years.

IT 128

IT Cost-Benefit Digital Transformation Software 128

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. I believe we’re in a post-alignment world.

IT 129

IT Digital Transformation ROI Strategy 129

CIO Business Intelligence

MAY 9, 2024

The UK government’s high-profile Pensions Dashboards Programme (PDP) is behind schedule due to ineffective governance and a lack of people with the right skills and experience, a National Audit Office (NAO) report has revealed. Costs have also risen from £235 million ($295 million) in 2020 to £289 million in 2023, an increase of 23%.

Dashboards 97

Dashboards Cost-Benefit Reporting Management 97

CIO Business Intelligence

APRIL 17, 2024

Salesforce’s reported bid to acquire enterprise data management vendor Informatica could mean consolidation for the integration platform-as-a-service (iPaaS) market and a new revenue stream for Salesforce, according to analysts. This challenge requires tools with capabilities outside of what MuleSoft and Tableau can offer,” Park explained.

Cost-Benefit 127

Cost-Benefit B2B Marketing Enterprise 127

CIO Business Intelligence

JANUARY 3, 2024

In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. In November 2023, Forrester Consulting conducted a Total Economic Impact™ (TEI) study, commissioned by Broadcom, which found organizations using ValueOps, a dedicated VSM solution, can realize significant financial benefits.

Management 128

Management ROI Cost-Benefit Data-driven 128

Jet Global

AUGUST 18, 2023

2023 has been a unique year for Finance–although organizations celebrated recovery from the COVID-19 pandemic last year, their celebrations were short-lived. Recently, insightsoftware teamed up with Hanover Research to understand the finance trends and challenges that are impacting Finance the most in 2023.

Finance 52

Finance Reporting Uncertainty Operational Reporting 52

CIO Business Intelligence

OCTOBER 16, 2023

Instead, failure today means an IT project doesn’t deliver some or all its expected benefits, according to CIOs, project leaders, researchers, and IT consultants. Instead, failure today means an IT project doesn’t deliver some or all its expected benefits, according to CIOs, project leaders, researchers, and IT consultants.

IT 135

IT Cost-Benefit Management ROI 135

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. 54% of AI users expect AI’s biggest benefit will be greater productivity. And only 33% report that their companies aren’t using AI at all.

Enterprise 267

Enterprise Modeling Testing Reporting 267

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. 1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 6 On top of that, the average cost of a data breach is over $4.4

Cost-Benefit 132

Cost-Benefit Risk Digital Transformation Reporting 132

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. It’s all about uptime and input.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

JANUARY 4, 2023

billion, with up to $1 billion of those costs being shouldered by the company in the fourth quarter of 2023. Salesforce said these costs consist of up to $1.4 The news comes as the WSJ reported that, based on estimates from Layoffs.fyi , employers in the tech sector collectively cut more than 150,000 jobs in 2022.

IT 105

IT Cost-Benefit Insurance Measurement 105

CIO Business Intelligence

FEBRUARY 12, 2024

Now, more than a decade later, business leaders recognize the advantages the cloud offers but are struggling with bloated cloud costs. Andreesen Horowitz coined the phrase the Cloud Paradox in a 2021 article , which posits that the pressure the cloud puts on company margins can start to outweigh the benefits over time.

Optimization 113

Optimization Cost-Benefit Reporting Digital Transformation 113

CIO Business Intelligence

APRIL 18, 2024

A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. Its Copilot for Microsoft 365, a high-profile offering among the growing list of AI agents, costs $30 per seat per month, with a 300-seat minimum. No,” he says.

Cost-Benefit 138

Cost-Benefit ROI Sales Enterprise 138

CIO Business Intelligence

SEPTEMBER 28, 2022

Fully 90% of respondents said that they either planned to increase spending or keep it steady in 2023. while 61% of large enterprises said that they plan an expansion of IT spending in 2023, just 41% of smaller companies said the same. IT spending during a recession shows benefits. Just 30% of companies with â??no no plansâ??

Cost-Benefit 96

Cost-Benefit IT Forecasting Data-driven 96

CIO Business Intelligence

FEBRUARY 12, 2024

An arrow for the right: This way lies calculating the cost of IT assets versus their business value. And frankly it’s the difference between being viewed as a cost center or as a value generator. Multicloud estates heighten cost complexity However, the IT landscape has become far more distributed of late.

Cost-Benefit 109

Cost-Benefit Optimization Software Strategy 109

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

IBM Big Data Hub

APRIL 22, 2024

“But it’s important to reap these benefits while minimizing the environmental impact. . “But it’s important to reap these benefits while minimizing the environmental impact. In our 2023 Impact Report , we reported that 70.6% In our 2023 Impact Report , we reported that 70.6%

Cost-Benefit 92

Cost-Benefit Modeling Manufacturing Reporting 92

Jet Global

JUNE 22, 2023

Blogs Podcasts Whitepapers and Guides Tools and Calculators Webinars Sample Reports The Evolution of the CFO into the Chief Data Storyteller View Insight Now Our Favorite CFO Blogs The Venture CFO Blog Link: [link] Are you looking for blog posts for CFOs by CFOs? It is viewed as a burden that costs companies money.

KPI 105

KPI Finance Dashboards Digital Transformation 105

CIO Business Intelligence

MARCH 5, 2024

That’s one of the main themes from IDC’s recent predictions report, “IDC FutureScape: Worldwide Artificial Intelligence and Automation 2024 Top 10 Predictions”. But that’s about to change, said Fleming, as executive leadership seeks to understand how AI and automation benefit the bottom line. Read on for her thoughts.

Key Performance Indicator 109

Key Performance Indicator Cost-Benefit KPI Software 109

CIO Business Intelligence

SEPTEMBER 18, 2023

According to the 2023 State of the CIO , IT leaders are looking to shore up competencies in key areas such as cybersecurity (39%), application development (30%), data science/analytics (30%), and AI/machine learning (26%). From a company standpoint, you minimize turnover and search and recruiting costs.”

IT 135

IT Cost-Benefit Technology Business Intelligence 135

CIO Business Intelligence

DECEMBER 27, 2023

These countries offer competitive salaries, a lower cost of living compared to other major tech hubs, and better opportunities for quality of life and work-life balance. Deutsche Bank launched its own tech hub in Berlin, pulling operations and staff from Russia amid Russia’s invasion of Ukraine. in the San Francisco Bay Area.

Cost-Benefit 135

Cost-Benefit Reporting Software Digital Transformation 135

CIO Business Intelligence

NOVEMBER 28, 2023

An exclusive survey of 207 companies conducted by Foundry for Palo Alto Networks and Accenture across North America, the UK, Germany, and France, revealed that boosting IT and data security was their top priority for 2023. The report found that only 25% regard their digital transformation program as advanced.

Management 106

Management Cost-Benefit Enterprise Digital Transformation 106

DataKitchen

MARCH 12, 2024

Key Success Metrics, Benefits, and Results for Data Observability Using DataKitchen Software Lowering Serious Production Errors Key Benefit Errors in production can come from many sources – poor data, problems in the production process, being late, or infrastructure problems. Data errors can cause compliance risks.

Metrics 117

Metrics Software Cost-Benefit Testing 117

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. Operational technology (OT) organizations face increasing challenges when it comes to cybersecurity. As Industry 4.0

ROI 123

ROI Manufacturing Cost-Benefit IoT 123

CIO Business Intelligence

JANUARY 4, 2023

In its Worldwide Sustainability/ESG 2023 Predictions , analyst firm IDC sees digital and sustainability transformations converging. Decision makers are realizing that technology is essential for reaching their ESG goals,” noted Bjoern Stengel, IDC global sustainability research lead, in the report.

IT 127

IT Internet of Things Reporting Cost-Benefit 127

Cloudera

JANUARY 5, 2023

In the past year, businesses who doubled down on digital transformation during the pandemic saw their efforts coming to fruition in the form of cost savings and more streamlined data management. How this strategy looks depends on the organization’s unique business needs as one affects the other.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

JULY 27, 2023

First came the carrot of lower costs in the cloud with the bundled Rise with SAP offering. SAP said Thursday it will raise the cost of support for users of its on-premises software for the second year in a row, just days after announcing plans to withhold future innovations in its products from on-prem customers. Bucking the trend?

Cost-Benefit 84

Cost-Benefit Statistics Data Processing Forecasting 84